Source: en.wikipedia.org
Silicon Valley rideshare giant Uber is reducing its workforce by roughly 14 percent — about 3,700 people — as the coronavirus pandemic and stay-home mandates...
With social distancing still in effect to varying degrees nationwide, the ridesharing market has slowed virtually to a stop. Consumers staying home have very little...
California Attorney General Xavier Becerra, along with municipal attorneys from three cities in the state, is suing Lyft and Uber for allegedly misclassifying drivers as...
As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided...
Dubai-based Careem, a subsidiary of Uber which performs similar ride-hailing business, announced it would be laying off 31 percent of its workforce due to the...
Drivers for Uber will soon be required to wear masks in several countries, including the U.S., the company said. Representatives for Uber confirmed that this...
A lawsuit against Uber alleges that the company engaged in deceitful practices to drive its competitor Sidecar Technologies out of business in 2015, according to...
Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....
The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter...